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More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever. The data shows this too.
In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof.
In addition to express courier shipping, Fedex added road freight, air and ocean freight forwarding, and customs brokering. FedEx is helping to automate customs brokerage on Freightos.com, and we want to help FedEx automate their air and ocean freight forwarding. .
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. Today, 75 to 80% of cargo arrives on time.
AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.
Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. In August 2016, Freightos acquired WebCargoNet , a Barcelona-based technology provider of air cargo rate management and eBookings. Jonathan Pulitzer.
3 Most Common Freight Forwarding Scams (and How to Avoid Them)! GET our EBOOK HERE. Road freight transport article and permission to publish here provided by Sophia Taylor. Road freight forwarding is the process of physically transporting cargo by road using different types of motor vehicles. Infographic).
The increase in the volume and use of digitized freight data has made the need for – and lack of – industry data standards all the more acute. WebCargo received its first airline API in 2018, and by last year there’ve been dozens more airlines sharing data by these APIs, enabling more than a million eBookings a year on WebCargo.
What’s the Difference Between a Freight Forwarder and a Customs Broker? Get Our EBOOK HERE. Freight forwarder rates article and permission to publish here provided by Victor at excelsior.ph. If you are a business owner looking for a freight forwarding service, the first thing you must consider is your preferred budget.
AI Popup #3) AI Popup #3 Charles Marrale July 31, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.
Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. I wrote an ebook with definitions for each of these services a few years back. What are the 3PL Services? Logistics Services. Inbound Logistics. Just-in-Time (JIT). Transportation Services.
Do You Have Hidden Freight Costs? GET our EBOOK HERE. Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking.
This meant a huge movement of goods from East Asia to Western Europe and America, creating an asymmetry in demand as well as freight rates. Increasing cost and lack of resources Years after the start of the pandemic, ocean freight rates still remain high and reached an all-time high towards the end of 2021.
Market-optimized pricing and capacity will finally become the standard in air cargo – if the industry is able to follow the lead of other industries, including passenger air travel, that have leveraged digitization to reach this goal. Air cargo is a different story. Other industries have leveraged this digital shift.
Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. I wrote an ebook with definitions for each of these services a few years back. What are the 3PL Services? Logistics Services. Inbound Logistics. Just-in-Time (JIT). Transportation Services.
Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. I wrote an ebook with definitions for each of these services a few years back. What are the 3PL Services? Logistics Services. Inbound Logistics. Just-in-Time (JIT). Transportation Services.
Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. Remember that there was zero airline ebooking at the beginning of 2018. There is progress in digitalizing ocean freight, but its been slow and inconsistent.
Get Our EBOOK HERE. It has already wreaked havoc on supply chains, transport networks, and ports, resulting in a sharp drop in cargo volumes. Thus, even at the peak of the outbreak, spot rates were steady whenever the cargo was less. Destabilization in Freight Rates. Subscribe Here! Email Address. Infographic).
GET our EBOOK HERE. Drayage provides the connections that make multimodal freight work. This can also sometimes involve delivering freight to order fulfillment warehouses. It is also the term for the charge for this type of freight service. Trucks transfer cargo from one carrier to another. Subscribe Here!
More Resources Home TPM24: Key Takeaways on Geopolitics, Technology and Other Drivers of Ocean Freight in 2024 Judah Levine March 27, 2024 S&P Global’s TPM24 is the major annual North American gathering of shippers, forwarders, carriers and logistic technology providers. You can read the report and see our short webinar on the topic here.
The Tesla Semi Truck Will Change Freight. Freight innovation frequently focuses on moving data better – like visibility, eBookings , and the new generation of forwarders and brokers. What The Tesla Semi Means For Domestic and International Freight. What Elon Musk’s Blueprint Means For The Freight Industry.
GET our EBOOK HERE. Climate change and the freight transportation industry are very much intertwined. The freight industry generates eight to ten percent of the world’s carbon emissions, making it one of the biggest carbon polluters on Earth. Subscribe to Supply Chain Game Changer. Infographic).
GET our EBOOK HERE. It’s often assumed that large freight deliveries have to take several days to weeks to get to their destinations. The logistical challenges include protecting your cargo, making multiple stops for pick-ups and drop-offs, and connecting with different delivery channels (air, rail, etc.). Subscribe Here!
More Resources Home Bridging Two Realms: The Digital-Analog Dance in Logistics Ian Arroyo Unbox your Freight knowledge. In some cases, even contract freight rates under management don’t fit specific quote requests. Where’s my freight?” It’s an all-in race and the tech companies (yes, like us) are beating the drum hard.
Cargo that doesn’t fit in a container costs more to ship than cargo that does. It's also way more complicated to ship out of gauge cargo via ocean. To ease the burden on your staff, and your wallet, we put together a detailed online eBook that covers just about every aspect of shipping out of gauge cargo globally.
GET our EBOOK HERE. That means airlifting double-dose regimens to protect half the world’s population would require the space in about 8,000 cargo planes. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Julian Sutch , head of Emirates SkyCargo’s pharmaceutical division, estimated recently that a single Boeing Co.
In this article, we review how carrier and forwarder fragmentation remains one of the most significant hurdles for modern freight, how freight standardization and platformification are posed to change that, and why innovation we can’t even imagine might be around the corner. But as a freight technology junkie, it made sense.
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